Real Estate for Sale in Alderwood, Etobicoke, ON

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Neighbourhood in Etobicoke

Alderwood

family-friendly suburban community-focused

Alderwood is a neighborhood in Etobicoke known for its family-friendly atmosphere and diverse community. It offers a mix of residential options and local amenities.

Homeownership rate is 77% Median income is $110,925 Four elementary schools available Nine parks and twelve playgrounds Diverse housing types

At a glance

Photo of 63 Westhead Road
For SaleEstate SaleFinished BasementLarge Lot
Listed for:

Listed 3 days ago

$1,049,000

63 Westhead Road

Etobicoke (Alderwood), ON M8W 4S2

2 + 1Bedrooms
2Bathrooms
2Garage
700-1.1KSq Ft

DetachedFor Sale

Photo of 167A Aldercrest Road
For SaleNew ListingFinished Basement
Listed for:

Listed 4 days ago

$1,899,900

167A Aldercrest Road

Etobicoke (Alderwood), ON M8W 4J2

3 + 1Bedrooms
4Bathrooms
1Garage
2K-2.5KSq Ft

DetachedFor Sale

Photo of Unit 3, 276 Lanor Avenue
For SaleMotivated Seller
Listed for:

Listed 4 days ago

$999,000

Unit 3, 276 Lanor Avenue

Etobicoke (Alderwood), ON M8W 2P9

3 + 1Bedrooms
3Bathrooms
1Parking
1.6K-1.8KSq Ft

Condo TownhouseFor Sale

Photo of Unit 216, 408 Browns Line
For SaleNew ListingWaterfront
Listed for:

Listed 5 days ago

$530,000

Unit 216, 408 Browns Line

Etobicoke (Alderwood), ON M8Z 0C2

1 + 1Bedrooms
1Bathroom
1Parking
700-799Sq Ft

Condo ApartmentFor Sale

Photo of Unit 110, 408 Browns Line
For SaleNew ListingWaterfront
Listed for:

Listed 5 days ago

$445,000

Unit 110, 408 Browns Line

Etobicoke (Alderwood), ON M8Z 0C2

1Bedroom
1Bathroom
1Parking
500-599Sq Ft

Condo ApartmentFor Sale

Photo of Unit 106, 408 Browns Line
For SaleNew ListingWaterfront
Listed for:

Listed 5 days ago

$445,000

Unit 106, 408 Browns Line

Etobicoke (Alderwood), ON M8Z 0C2

1Bedroom
1Bathroom
1Parking
500-599Sq Ft

Condo ApartmentFor Sale

Day to dayLivability

6.8

Schools near listings

out of 10 · averaged over 952 past and present listings

Fraser Institute ratings within 2 km of each listing, closer schools weighted more

Each score is an average over this area's own listings and is shown only where at least 5 of them carry one. Scores are reported by listing agents, not measured by HOMEH.

What it costsAffordability

Median asking price

$1,049,000

31% above Etobicoke 47% above Ontario

In Alderwood

$1,049,000

In Etobicoke

$798,500

In Ontario

$714,900

Median monthly rent

$1,950/mo

22% below Etobicoke 22% below Ontario

In Alderwood

$1,950

In Etobicoke

$2,493

In Ontario

$2,500

≈ 44.8 years

Of rent to match the purchase price

On the marketMarket snapshot

For sale

43

Median $1,049,000

Houses 31 · Condos 12

For rent

33

Median $1,950

Houses 32 · Condos 1

Recently sold

Sign in to see sold data

Recently leased

Sign in to see leased data

Market data as of 2026-10-19. Sold and leased figures are neighbourhood medians over the last 12 months, published only where at least 5 homes closed — never a single sale.

The honest readPros & cons

What people love

  • Strong community with many families
  • Good access to parks and recreational spaces
  • Diverse housing options available
  • Average household size is 2.7

Keep in mind

  • Median home prices are above city average
  • Higher rental prices compared to city median

The feel of the placeLifestyle

Daily life in Alderwood is relaxed, with access to parks and local shops. It is a great place for families and those who enjoy a suburban feel.

Great for families first-time buyers young professionals

Within the boundaryWhat's nearby

The boundary

5.0 km²

Every count and every census figure on this page was measured inside this line — not within a circle drawn around a centre point.

9

Parks

12

Playgrounds

1

Transit stations

2

Grocery stores

10

Restaurants

7

Cafés

2

Gyms

1

Libraries

4

Pharmacies

Counted across all 5.0 km² of Alderwood. From OpenStreetMap, as of 2026-10-19.

The schoolsWhich schools, and how they rate

6.4/10

Average rating of the 1 rated school in this area

3

Elementary

  • Lanor Junior Middle School

    Public · Grades JK–8 · Toronto DSB

    6.4/106.2 over 5 yrs

    1,300th of 3,045 Ontario elementary schools

    390 students · EQAO 2024-2025

  • New Haven Learning Centre

    Independent

    Not rated

  • Sir Adam Beck Junior School

    Public · Grades JK–5 · Toronto DSB

    Not rated

    410 students · EQAO 2024-2025

Ontario Ministry of Education school registry; ratings from the Fraser Institute report card. These are the schools that stand inside Alderwood, not a catchment — most Ontario boards do not publish attendance boundaries, and we will not draw a line we cannot source. Confirm enrolment with the school board before you buy.

The peopleWho lives here

12,596

Population (2021)

5.0 km²

Area

2,534

People per km²

43.3

Median age

$110,925

Median income

77%

Own their home

2.7

People per household

4,785

Households

Every age

  • Children (under 15)16.2%
  • Working age (15–64)65.7%
  • Seniors (65+)18.1%

What is built here

  • Detached houses60.6%
  • Semi-detached11.6%
  • Townhouses1.7%
  • Duplexes6.4%
  • Low-rise apartments11.3%
  • High-rise apartments7.9%

Own or rent

77%Owners

23%Renters

Across 4,785 households

When it was built

Mostly 1960 or earlier

  • 1960 or earlier55%
  • 1961–198023%
  • 1981–19903%
  • 1991–20005%
  • 2001–20051%
  • 2006–20101%
  • 2011–20153%
  • 2016–20215%

Share of occupied homes, by the era they were built in. Bars are drawn against the busiest era, not against each other, because the eras are not the same length. The eight shares are unlikely to total exactly 100: Statistics Canada rounds each era's count to the nearest 5 before publishing it, so we print what the census reports rather than adjusting a figure to make the column add up.

34.1%
Born outside Canada
31.3%
Hold a degree or higher
58.2%
Employment rate
12.2%
Commute by transit
78.4%
Commute by car
1.6
Children per family
$94,729
Median income after tax
$129,996
Average household income
6.3%
Living on a low income
$1,473/mo
Renters pay, per month
$1,351/mo
Owners pay, per month
$1,042,007
Median home value at census
26.6%
Renters spending 30%+ of income on housing
14.5%
Owners spending 30%+ of income on housing

Statistics Canada, Census of Population 2021. Added up from 23 census areas inside the boundary. Medians and rates are a population-weighted average of dissemination-area figures.

Sources: HOMEH listings, Statistics Canada, Census of Population 2021, OpenStreetMap

HOMEH Market Pulse Through September 2026 Deep sales history

What homes in Alderwood actually sell for

113 homes changed hands in Alderwood over the 12 months to September 2026. Half sold above $1,132,704 and half below, 5.5% lower than the 12 months before. A typical home found its buyer in 22 days — 4 days slower than a year ago.

Median sold price
$1.13M
-5.5% year over year
Days to sell
22
4 days slower
Sales closed
113
last 12 months
Per square foot
$848
from 113 sized sales

Three years of sold prices

The line is the median. The band is the middle half of every sale — how wide it runs tells you how much one home here differs from the next.

$2.17M$1.58M$981K$386K
Oct ’23Oct ’24Sep ’25Sep ’26
Median sold price Middle half of sales

What buyers actually paid

$969,900

on a $1,000,000 asking price — under ask by $30,100

−10%Asking price+10%
Of the asking price
97.0%
Sold over asking
16.8%

From 113 sales that closed here in the last 12 months.

Rent or buy in Alderwood

34.9 years

of rent, at the going rate here, adds up to what a home here costs.

Median sold price

$1,132,704

113 sales

Median rent

$2,705/mo

122 leases

Gross rental yield

2.87%

before costs

Both figures come from deals that actually closed in Alderwood over the last 12 months. Gross yield is annual rent divided by price; it does not account for taxes, fees, maintenance, vacancy or financing.

What actually trades in Alderwood

A single median hides this: the mix of homes behind it, and what each kind costs.

113sales
  • Detached$1.15M65.5%
  • Other kinds, too few of each —34.5%

How fast it moves

Median days on market, month by month. Taller means slower.

Sep 2024Sep 2026

Terracotta marks the last 12 months.

Every month behind these charts — Alderwood, sales
Monthly closed sales in Alderwood
MonthClosedMedianMiddle halfDays% of ask
Sep 20266$970,000$852K – $1.41M1397.5%
Aug 20269$1,406,500$1.32M – $1.88M2698.7%
Jul 202613$1,005,000$930K – $1.18M1198.7%
Jun 202610$1,013,500$908K – $1.10M2896.1%
May 202610$1,045,000$899K – $1.53M1495.6%
Apr 202610$1,038,500$963K – $1.25M1297.6%
Mar 202610$959,000$874K – $1.04M2795.7%
Feb 20269$1,239,000$1.00M – $1.66M2996.0%
Jan 20263 Not enough sales this month to report a median
Dec 20258$979,000$827K – $1.40M3396.1%
Nov 202513$1,260,000$1.03M – $1.50M2297.2%
Oct 202512$1,252,000$951K – $1.51M2596.6%
Sep 20257$1,650,000$1.28M – $1.77M1797.4%
Aug 202510$1,080,500$951K – $1.21M1497.3%
Jul 202511$1,050,000$948K – $1.11M2396.4%
Jun 202514$1,040,000$958K – $1.24M2395.1%
May 20256$1,252,500$1.13M – $1.35M16102.3%
Apr 202518$1,317,500$1.07M – $1.61M1597.8%
Mar 20258$1,249,250$1.15M – $1.38M1399.4%
Feb 20257$1,145,000$910K – $1.38M8108.5%
Jan 20257$1,250,000$1.15M – $1.30M1796.2%
Dec 202411$1,205,000$1.05M – $1.41M2098.6%
Nov 202414$1,222,500$1.02M – $1.54M2598.2%
Oct 202413$1,087,500$1.04M – $1.28M1899.4%
Sep 202410$1,032,758$944K – $1.13M14100.1%
Aug 20245$1,060,000$994K – $1.08M2194.8%
Jul 20249$945,000$930K – $1.08M1894.7%
Jun 20246$1,059,500$1.03M – $1.42M6100.0%
May 202412$1,261,500$1.12M – $1.72M1696.9%
Apr 202419$1,260,000$1.16M – $1.61M2197.1%
Mar 20248$1,240,000$1.14M – $2.05M11103.3%
Feb 20248$1,125,000$1.08M – $1.35M20100.0%
Jan 20245$1,050,000$988K – $1.12M20100.0%
Dec 20234 Not enough sales this month to report a median
Nov 20239$1,085,000$990K – $1.27M15100.0%
Oct 20237$650,000$509K – $855K19100.0%

2 of these months closed fewer than 5 sales. A middle value taken over that few is not a market figure — with one sale it is simply that home's closing price — so the count is shown and the median is not. The sales themselves still count toward the 12-month figures above.

What people ask about Alderwood

How much does a home cost in Alderwood?

Homes in Alderwood sold for a median of $1,132,704 over the 12 months to September 2026, across 113 closed sales — half sold for more and half for less. That is 5.5% lower than the 12 months before it.

How long does it take to sell a home in Alderwood?

A home in Alderwood took a median of 22 days on the market over the 12 months to September 2026. Homes there closed at 97.0% of the asking price on average, with 16.8% selling over asking.

How much is rent in Alderwood?

The median lease in Alderwood closed at $2,705 a month over the 12 months to September 2026, across 122 leases.

Is it cheaper to rent or buy in Alderwood?

A home in Alderwood costs about 34.9 years of the rent on one — the median price of $1,132,704 against a median rent of $2,705 a month, a gross yield of 2.87%. The shorter that number, the closer buying is to renting before financing costs.

Compiled by HOMEH from sales reported closed in Alderwood on the Toronto Regional Real Estate Board MLS® System, through September 2026. Medians are taken over closed prices, not asking prices. Per-square-foot figures use the midpoint of the banded floor-area range MLS® carries, so they describe the group and not any one home. Not an appraisal or an opinion of value.

Condos in Alderwood

A condo here is its own market

6 condo apartments and 3 condo townhouses are on the market in Alderwood right now. Too few have closed here in the last year for us to publish a median we would stand behind.